What are the estimated direct labor costs, Accounting Basics

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What are the estimated direct labor costs

The Shapely Company uses the high-low method to determine its cost equation. The following information was gathered for 2008:

Machine Hours Direct Labor Costs
Busiest month (June) 14,000 $200,000
Slowest month (December) 6,000 $120,000

If Shapely expects to use 10,000 machine hours next month, what are the estimated direct labor costs?

a) $160,000

b) $180,000

c) $175,000

d) $150,000

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Accounting Basics: What are the estimated direct labor costs

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Accounting Basics: What are the estimated direct labor costs

Reference No:- TGS090330

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Cash flows from investing activities

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What are the estimated direct labor costs

Reference No:- TGS090330

Recent Questions Asked Accounting Basics

Q : Cash flows from investing activities

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Q : Qualified veterans mortgage bonds fundamentals

Q : Construct the firm statement of retained earnings

Q : What are the estimated direct labor costs

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Q : Non-controlling interest in net income measured by gaap

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